UWM Holdings Corp. is pressing its campaign to acquire Two Harbors Investment Corp. (TWO), issuing an open letter to the seller shareholders Thursday evening that details a sweetened proposal that valued the real estate investment trust (REIT) at $12 per share, positioning the bid as superior to the pending sale to CrossCountry Intermediate Holdco. UWM […]
UWM raises Two Harbors bid to $12 per share Read More »
Low volatility was the most obvious theme for mortgage rates last week. From April 14th through last Friday, the range for a top-tier 30yr fixed rate remained in an ultra-narrow range of 6.29-6.33%. That trend persisted on Monday of this week, but things changed abruptly after that. Tuesday and Wednesday saw moderately big increases that
Mortgage Rates End Week on a Calm Note Read More »
The manufactured housing market is expected to boom over the next few years, a new industry report found. Processing Content Mordor Intelligence expects the manufactured homes market size to expand from $28.5 billion in 2025 to $30.5 billion this year, and reach $42.7 billion by 2031 at a compound annual growth rate of 6.97%. This
Manufactured homes market set to hit $42.7 billion by 2031 Read More »